Workflow
Albertsons Shares Soar 14% After Grocer Raises Sales And Profit Outlook

ToplineAlbertsons stock soared Tuesday after the grocery company reported its second quarter earnings, raising its sales and profit outlook alongside a jump in digital sales.Albertsons reported second quarter earnings Tuesday morning. (Photo by Mario Tama/Getty Images)Getty ImagesKey FactsAlbertsons’ shares rocketed 14.4% to 19.41asof2:40p.m.EDT,reachingitshighestpointsinceearlySeptember.Albertsonsboosteditsfullyearadjustedearningsguidancefrom19.41 as of 2:40 p.m. EDT, reaching its highest point since early September.Albertsons boosted its full-year adjusted earnings guidance from 2.03 to 2.16ashareupto2.16 a share up to 2.06 to $2.19 ...